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  • $631,000

    481 Pheasant Ridge Rd, Lake Zurich, IL 60047

    5beds
    3,400sqft
    Single Family Residence
    Built in 1987
    9,147.6 Square Feet Lot
    $633,500 Zestimate®
    $186/sqft
    $4,675 Estimated rent

    Home value

    $633,500

    $576,000 - $697,000

    $4,675/mo

    Zestimate® history
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    What's special

    MULTIPLE OFFERS RECEIVED. SELLER IS ASKING FOR HIGHEST AND BEST OFFERS BY 3:00 PM, MONDAY 3/9. THEY PREFER A 4/30 CLOSE DATE. Located in the perfect cozy neighborhood, this gorgeous home is built for modern living and has easy access to everything desirable Lake Zurich has to offer. From the moment you walk in the door, you can imagine the opportunity to create a lifetime of beautiful moments. With over 3400 sq feet on all levels and the perfect combination of open and private spaces you'll find just what you need to enjoy both daily living and entertaining. A wall was removed, creating amazing flow through the kitchen, dining and living areas and opportunities to interact with family and friends. Whether hosting a holiday or simply supervising daily homework, you'll appreciate the large open space. The fireside dining area amps up the charm and whether you're enjoying a family meal or your favorite beverage with friends, hanging out in this space is sure to warm your heart. Multiple large windows provide abundant natural light and wonderful outdoor views. On this level, you'll also find flexibility with the space the current owners use as a music room. It would also make a great office, dedicated playroom, or formal dining room. Delightful details abound such as dimensional wood accent walls, a painted fireplace, crown moldings, wood blinds, and recessed lighting. Upstairs, you'll find 5 bedrooms, including a lovely primary suite featuring a remodeled luxurious spa-like bath with timeless finishes, free standing tub, dual raised bowl sink vanity, walk-in shower, and separate toilet room. The secondary bedrooms are very nicely sized and the updated hall bathroom offers the space to simplify daily living. Head to the basement and you'll find a whole other level of living. There is so much space it makes it easy to set up zones for your favorite activities-a workout zone, play area, and make your way to the back to discover the perfect setting for movie night. Easily extend your living outside- sliding doors open onto the huge paver patio and built in firepit. Imagine the fun you'll have throughout the seasons backing to the retention area-baseball or soccer games in the summer and sledding in the winter plus privacy year-round with no homes behind. The entire yard is fenced, making it easy to bring your furry friend or keep an eye on kids and the expanded driveway makes parking extra cars a breeze. Both the home and outdoor areas are the perfect backdrop to a lifetime of memories. Great schools and parks including our favorites-Breezewald Park where you can take in the sunset and summer concerts while enjoying small bites or gelato and Paulus Park where you can have fun at the beach or seasonal events, including an egg hunt, farmer's market, "live at the lake" concerts, and more! Recent improvements include-primary bath remodel, half bath remodel, windows, dishwasher, refrigerator, microwave, front door, garage door opener, and more (contact agent for complete list with ages).

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Shaunna Burhop 847-275-0277,

    Baird & Warner,

    Tracy Bongiorno 847-309-8283,

    Baird & Warner

    Bought with:

    Abha Dey

    iCalyx Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12567573MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full, Double Sink, Tub & Separate Shwr)
    • Level: Second
    • Area: 225 Square Feet
    • Dimensions: 15X15
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Bedroom 4
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Bedroom 5
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 96 Square Feet
    • Dimensions: 12X08
    Den
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Exercise room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 228 Square Feet
    • Dimensions: 12X19
    Kitchen
    • Features: Kitchen (Eating Area-Table Space), Flooring (Hardwood)
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Laundry
    • Level: Basement
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 338 Square Feet
    • Dimensions: 13X26
    Recreation room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 368 Square Feet
    • Dimensions: 16X23
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Water Heater
    • Laundry: Sink
    Features
    • Walk-In Closet(s)
    • Flooring: Hardwood, Carpet
    • Windows: Skylight(s), Drapes
    • Basement: Finished,Rec/Family Area,Full
    • Number of fireplaces: 1
    • Fireplace features: Hearth Room
    Interior area
    • Total structure area: 3,419
    • Total interior livable area: 3,400 sqft
    • Finished area below ground: 994

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    • Patio & porch: Patio
    Lot
    • Size: 9,147 sqft
    • Dimensions: 86x100x116
    • Features: Mature Trees, Backs to Open Grnd
    Details
    • Parcel number: 14213120040000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Paved
    Location
    • Region: Lake Zurich

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/30/2026Sold$631,000+1%$186/sqft
    Source: MRED as distributed by MLS GRID #12567573 Report a problem
    3/10/2026Contingent$625,000$184/sqft
    Source: MRED as distributed by MLS GRID #12567573 Report a problem
    3/5/2026Listed for sale$625,000+170.6%$184/sqft
    Source: MRED as distributed by MLS GRID #12567573 Report a problem
    6/16/1998Sold$231,000+7.4%$68/sqft
    Source: Public Record Report a problem
    6/14/1994Sold$215,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$10,939 +1.9%$151,114 +2.8%
    2022$10,737 +3.6%$147,055 +3.4%
    2021$10,366 +1.8%$142,288 +2.6%
    2020$10,179 +1.6%$138,642 +0.9%
    2019$10,023 +5.7%$137,432 +4.4%
    2018$9,486 $131,652 +1.2%
    2017$9,486 +3.5%$130,065 +3.3%
    2016$9,167 +0.4%$125,947 +5%
    2015$9,131 +0.8%$119,961 +2.2%
    2014$9,060 +5.1%$117,373 -0.2%
    2012$8,620 +8.6%$117,620 -0.7%
    2011$7,938 +5.4%$118,483 -2.6%
    2010$7,532 +3.9%$121,644 -4%
    2009$7,248 +1.7%$126,712 +2.1%
    2008$7,127 -8%$124,142 +4.3%
    2006$7,745 +4%$119,004
    2005$7,449 +12.6%--
    2004$6,616 -0.1%--
    2003$6,625 +7.3%--
    2002$6,172 +6.3%--
    2001$5,804 +10.8%$83,690 +2.7%
    2000$5,238 $81,488

    Find assessor info on the county website

    Neighborhood: 60047

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: May Whitney Elementary School
    • Middle: Lake Zurich Middle - S Campus
    • High: Lake Zurich High School
    • District: 95

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $633,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $633,500